HEATHFIELD, COLCHESTER ROAD, WIVENHOE, COLCHESTER, CO7 9ET - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HEATHFIELD is a midsized extended detached house of 108m², built sometime between 1930 and 1949. It was last sold for £425,000 in June 2021, which was around 4% below the average June 2021 detached price in the Colchester local authority area. The most recent EPC inspection was June 2010, where the current energy rating was F, and the potential energy rating was E.

HEATHFIELD Sold Prices

Land registry data shows five sales for HEATHFIELD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five HEATHFIELD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 18 JUN	£425,000	£442,452	4% below HPI
2011 14 JAN	£250,000	£285,683	12% below HPI
2006 27 SEP	£235,000	£283,645	17% below HPI
2000 15 DEC	£119,000	£152,284	22% below HPI
1999 2 AUG	£98,000	£122,586	20% below HPI

HEATHFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The five HEATHFIELD sales between August 1999 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is HEATHFIELD?

HEATHFIELD is 108m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 50% of detached houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Wivenhoe, and where HEATHFIELD lies on this distribution: 54% of detached houses are smaller than HEATHFIELD, and 46% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

HEATHFIELD: Plot and Title Map

HEATHFIELD sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of HEATHFIELD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of HEATHFIELD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is HEATHFIELD?

HEATHFIELD is located on COLCHESTER ROAD in WIVENHOE, in the CO7 postcode district. The below map shows the position of HEATHFIELD on COLCHESTER ROAD.